9 Percent of Canadians in Higher Income Quintile Considering Using a Food Bank: StatCan

Few Canadians are immune to the rising cost of living, according to a new report from Statistics Canada, with 9 percent of those in the highest income quintile considering using a food bank. Data from spring 2024 shows that while 42 percent of Canadians are concerned over rising food prices, about nine percent of those in the highest income bracket report they may have to turn to a food bank or similar community organization for help. That number rises to 14 percent for those in the second-highest income bracket, StatCan said. Nearly half of Canadians report struggling to meet day-to-day expenses, up 12 percentage points from 2022 to 45 percent....